Samsung has regained its position as the leading smartphone seller, overtaking Apple in the first quarter of 2024, amid a nearly 10% global decline in iPhone shipments and rising Chinese competition.
Tags: China
China Shows Heavy Support for Hong Kong Economy After Pressuring the Country to Enact New Security Law
China pledged increased support for Hong Kong's economy after enacting a new security law, which Human Rights activists condemned for silencing political dissents against China.
Joe Biden Moves to Triple Tariffs on Chinese Steel and Aluminum to Protect US Industries Against China's Unfair Practices
President Joe Biden has proposed a tripling of the existing tariff rate on some steel and aluminum imports from China.
China Slams US Probe Targeting Beijing's Logistic, Maritime, and Shipbuilding Industry
A spokesperson for China's Ministry of Commerce (MOFCOM) said the US petition against its maritime, logistics, and shipbuilding sectors is full of baseless allegations that impede trade and investment.
Microsoft's $1.5 Billion Investment in AI Firm Allegedly Linked to China Raises Security Concerns
Microsoft's $1.5 billion investment in G42, an AI firm based in the UAE, faces security concerns from US officials over alleged ties to China.
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Two individuals have been apprehended in connection with the tragic incident involving a tourist boat that capsized on a river in northeastern China.
US intelligence has revealed a significant surge in China's equipment sales to Russia amid its ongoing war with Ukraine.
Chinese EV giant BYD secures $3.7B government funding, solidifying global dominance. Concerns rise over unfair competition, prompting EU investigation.
Senator Sherrod Brown asked President Joe Biden to exclude Chinese-made EVs from the US market. The chair of the Senate Banking Committee urged President Joe Biden on Thursday, Apr.
Chinese automakers are expanding global EV exports but face ship shortages, reflecting China's rise as a top auto exporter.
China imposes sanctions on two U.S. defense companies for alleged involvement in arms sales to Taiwan by freezing their assets within China and barring entry into the country.
Even if China's economy slows down, the Asian Development Bank (ADB) said it will still be the largest growth engine for the world economy.
China Accused of Flooding Britain with Fake Royal Mail Stamps; Experts Term it as 'Economic Warfare'
The reports indicate that four Chinese suppliers are manufacturing counterfeit stamps at an alarming rate of up to one million per week.
Fitch Ratings has downgraded the outlook on China's sovereign credit rating from stable to negative.
